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Historical Event on 10/21/1997
RBI de-regulates deposit rates, reduces CRR and Bank Rate (from 10\% to 9) and allows banks to have two sets of Prime Lending Rates.
| Other Historical Dates and Events |
| 11/5/1998 | Baba Nagarjun ""Vaidyanath Mishra"" died. He wrote in Hindi, Maithali and Sanskrit. Some of his noted works are ""Patra-Heen- Nagna Gachh"", ""Dukhmochan"", ""Yugdhara"" and ""Sah |
| 6/21/1906 | Vyomeshchandra Banerjee, first president of All India Congress, passed away. |
| 3/21/1996 | Supreme Court holds that attempt to suicide and its abetment would continue to be punishable offences. |
| 8/6/1925 | Surendra Nath Banerjee died. He was one of the founders of mordern India and proponent of autonomy within the British Commonwealth. He was President of Indian National Congress twice, in 1895 at Pune and in 1902 at Ahmedabad. |
| 8/1/1995 | Vohra Panel submits report, highlights nexus between mafia and politicians. |
| 12/20/1686 | After clashes with Mughal soldiers, Jaub Chaarnak left Hoogly and settled in Sutnati. |
| 4/26/1926 | Karachi Autonomous Region established in RSFSR (until 1943). |
| 5/22/1936 | Lord Brabourne laid the foundation stone of Brabourne Stadium in Bombay. |
| 6/27/1838 | Bankim Chandra Chattopadhyay (Chatterjee), famous novelist, ""the father of modern Indian fiction"" and writer of national song 'Vande Mataram', was borm at Katalpara near Naihati, West Bengal. Some of his writings are 'Anandmath' and 'Kapal Kundala'. He was among the first two Bengalee Graduates. |
| 4/30/1998 | Sukh Ram, former Union Minister, decides to resign as a Minister in the Himachal Pradesh Government. |
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